Benefits Think

To help manage the impact of increasing premiums on financial performance, employers have passed an increase in premium costs to their employees.

Amid national calls for change and a prolonged COVID-19 crisis, employers must retool their diversity, equity and inclusion strategies.

By building a supportive well-being culture around PTO benefits, a positive net effect of the work-life balance is a workforce that is whole, healthy, and productive. In return, the holistic health of the employees leads to the holistic health of the organization.

The job of the pooled group adviser is to meet the varying needs of multiple employers comprehensively to maintain a healthy, well-run collective that enables their member groups to offer high-value benefits at an appropriate cost.

A financial wellness program can provide access to resources that have been systematically denied to people of color.

Businesses should make sure they have all the boxes checked in regard to business processes, employee pay and benefits, and safety before their employees return to work.

When considering how to adapt workplace wellness initiatives, employers must ensure workers have the resources necessary to meet their health and well-being goals, from wherever they are.

"As someone who’s clearly in the minority among other employee benefit brokers and advisers, I have a responsibility to help pave the way for positive change," says Lester Morales, CEO of Next Impact.

For employees who have stocks vesting in the near term, consider carefully what your holistic financial plan indicates you should do.

This crisis has brought to the forefront a renewed sense of urgency for employers to take a more inclusive approach to meeting the diverse needs of workers over the long term.